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October 2007 - Posts

Saskatoon real estate: Week in review (October 22-26)
The Saskatoon real estate market continued to move at a pace which was remarkably similar to the previous week . A total of 61 houses and condos were reported sold and prices were pretty much spot on with what we’ve been seeing most recently. New Read More...
Saskatoon City Council approves condo conversion policy change
Saskatoon City Council approved proposed changes to policies governing the conversion of existing rental apartments to condominiums at last night’s council meeting . City administrators presented their report which was prepared in response to a Read More...
Saskatoon real estate: Week in review (October 15-19)
I am officially declaring an end to the Saskatoon real estate “boom.” J It’s not like it was a terrible week for real estate sales, or for sellers of Saskatoon homes. Unit sales were up over the previous week with 63 houses and condos Read More...
Saskatchewan Federation of Indian Nations Pow-Wow 2007
If you have some spare time on your hands this weekend, you might consider spending some of it at the Credit Union Centre , where the Saskatchewan Federation of Indian Nations (FSIN) is hosting Pow-Wow 2007. Five bucks will get you through the door, and Read More...
Saskatoon real estate: Week in review (October 8-12)
Saskatoon real estate sellers continued to show their enthusiasm offering 122 single family homes and condos to the market, bringing total active listings to an annual high of 663 units (also higher than any month end in 2006). You could almost hear the Read More...
Average selling price of a Saskatoon home drops in September
The average selling price of a Saskatoon home (houses and condos) took a pretty big hit in September dipping well below the quarter million dollar mark and settling at $241,537 as compared to $258,508 in August. Part of the adjustment can be attributed Read More...
Saskatoon: Affordable Housing Week 2007
October 9 th to 12 th is Affordable Housing Week in Saskatoon. Presented by the Saskatoon Housing Initiatives Partnership, Affordable Housing Week presents a variety of events in support of “attractive, affordable, innovative, sustainable and green Read More...
Saskatoon real estate: Week in review (October 1-5)
In spite of market conditions which should clearly be working in favour of Saskatoon real estate buyers, sellers who managed to strike a deal on their home this week did quite well, particularly in the east end areas. New listings of Saskatoon homes outpaced Read More...
Is Saskatoon real estate overvalued? Another economist says, “yes.”
In a recently released report from RBC Economics , economist Amy Goldbloom makes a pretty compelling case that real estate is “overvalued” in western Canada and “out of whack with the underlying fundamentals.” Goldbloom takes “a Read More...
Average selling price of Saskatoon homes down in September
The average selling price of a Saskatoon home dropped to $242,091 in September, a decline of 4.3% from the all time high monthly high of $253,240 recorded in August. Depending on how you want to view it, this figure represents the lowest average selling Read More...
How does the US credit crunch impact Canadian real estate markets?
There has been a fair bit of talk and speculation about how the U.S. “credit crunch” may impact Canadians and our real estate markets. The Canadian Real Estate Association (CREA) has published a brochure titled; “A Credit Crunch Primer” Read More...